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The William Davies Company facilities in Toronto, Ontario, Canada, circa 1920. This facility was then the third largest hog-packing plant in North America. The meat-packing industry (also spelled meatpacking industry or meat packing industry) handles the slaughtering, processing, packaging, and distribution of meat from animals such as cattle, pigs, sheep and other livestock.
Union stockyards in the United States were centralized urban livestock yards where multiple rail lines delivered animals from ranches and farms for slaughter and meat packing. A stockyard company managed the work of unloading the livestock, which was faster and more efficient than using railway staff. [ 1 ]
In 2007, JBS went through with a US$225m acquisition of U.S. firm Swift & Company, [12] which was the third largest U.S. beef and pork processor, renamed as JBS USA. It leads the world in slaughter capacity, at 51.4 thousand head per day, and continues to focus on production operations, processing, and export plants, nationally and internationally.
On July 12, 2007, JBS purchased Swift & Company in a US$1.5-billion, all-cash deal. The acquisition made the newly consolidated JBS Swift Group the largest beef processor in the world. Prior to the deal, JBS had a market capitalization of US$4.2 billion and sales revenue of $2.1 billion, and operated in 23 plants in Brazil and five in Argentina.
Cargill has invested to be one of the largest beef processors in North America. Bloomberg reported earlier this year that the famously tight-lipped behemoth’s profits had fallen to $2.48 billion ...
Joseph W. Luter III began his expansion of Smithfield in 1981 with the purchase of its main competitor, Gwaltney of Smithfield, for $42 million. [20] This was followed by the acquisition of almost 40 companies in the pork, beef, and livestock industries between 1981 and around 2008, [26] including Esskay Meats/Schluderberg-Kurdle in Baltimore, Valley Dale in Roanoke, [20] and Patrick Cudahy in ...
It annually exports the largest percentage of beef out of the United States. Together with its subsidiaries, it operates major food brands, including Jimmy Dean, Hillshire Farm, Ball Park, Wright Brand, Aidells, and State Fair. [3] Tyson Foods ranked No. 79 in the 2020 Fortune 500 list of the largest United States corporations by total revenue. [4]
Cargill Meat Solutions is a subsidiary of the Minneapolis-based multinational agribusiness giant Cargill Inc, [1] [2] that comprises Cargill's North American beef, turkey, food service and food distribution businesses. Cargill Meat Solutions' corporate office is located in Wichita, Kansas, United States. Jody Horner is the division's president. [3]